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Town Health International Medical Group Ltd. ( (HK:3886) ) has shared an announcement.
Town Health International Medical Group Ltd. announced updates regarding the ongoing proceedings related to the profit guarantee for its acquisition of Central Medical Holdings Limited. The company is unable to disclose further details due to confidentiality, but will provide updates as appropriate. Additionally, Town Health has extended the timeline for utilizing unutilized First Net Proceeds from subscription shares and convertible preference shares until the end of 2026, due to the adverse impacts of COVID-19 and global economic slow-down on the healthcare industry.
More about Town Health International Medical Group Ltd.
Town Health International Medical Group Ltd. operates in the medical and healthcare industry, providing a range of health services and products. The company is focused on expanding its market presence through strategic acquisitions and maintaining a strong financial position amidst global economic challenges.
Average Trading Volume: 1,059,253
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.86B
See more insights into 3886 stock on TipRanks’ Stock Analysis page.